1435 West Lexington Street

Chicago, IL 60607

$1,525,000
Price
24
Beds
12
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 1435 W Lexington St, an oversized 6 unit all brick building in the heart of Little Italy! RARELY available, this meticulously maintained building has undergone significant updates including complete tuckpointing, updated plumbing / electrical, new windows with aluminum wrap on the front, newer central heating systems / furnaces, updated kitchens and bathrooms, re-faced chimneys, caulked / seal-coated roof, and paint throughout just to highlight a short list! The common areas are in impeccable...Welcome to 1435 W Lexington St, an oversized 6 unit all brick building in the heart of Little Italy! RARELY available, this meticulously maintained building has undergone significant updates including complete tuckpointing, updated plumbing / electrical, new windows with aluminum wrap on the front, newer central heating systems / furnaces, updated kitchens and bathrooms, re-faced chimneys, caulked / seal-coated roof, and paint throughout just to highlight a short list! The common areas are in impeccable condition, with the patio and balconies recently brushed down to the base concrete / wood and repainted. Each updated unit exudes charm, featuring hardwood floors, abundant natural light from numerous windows, soaring 9-foot ceilings, crown molding, spacious kitchens, AC units, ceiling fans, and storage. Rear residents can enjoy their own balconies with sitting area and the whole building has the convenience of an on-site full laundry room, with ample street parking available, and the potential for the future owner to build out a rooftop deck with downtown skyline views. Situated on a picturesque, tree-lined street with MILLION dollar homes, this prime location is within walking distance Taylor St, Rush Medical, UIC, an array of restaurants / bars that Little Italy offers, and the beautiful Arrigo Park. Just moments away from the Blue / Pink Lines, CTA Bus, 290, 90/94, The Loop, and everything else the city offers! Don't miss out on this incredible investment opportunity that offers a great return, it will not last! Make it yours today!

Listing Agents

  1. Michael Mandile

    Michael Mandile

    Listing Agent

    Compass

  2. Tim Lorimer

    Tim Lorimer

    Alternative Listing Agent

    Compass

    tim.lorimer@compass.com

    P: (630)-546-0254

Property Details for 1435 West Lexington Street

Area
CHI - Near West Side
Township
West Chicago
Zoning
MULTI
LISTING UPDATED: 11/22/2024 12:20 PM

Property Details for 1435 West Lexington Street

StatusContingent
MLS #12209525
Days on Market15
Taxes$19,689 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1901
Lot Size0.06 AC / 2,664 SF
CountyCook County

Building Information for 1435 West Lexington Street

Stories3Residences6Year Built1901Building Size-Lot Size0.06 AC / 2,664 SF

Property Information for 1435 West Lexington Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • # Of Washers: 2
  • Heat/Ventilation: Forced Air,Gas,Individual Furnaces
  • Washer/Dryer Lsd: No
  • # Of Dryers: 2
  • Num of Baths: 12.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 24X111
  • Lot Size Square Feet: 2664.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Building Area Total: 4908
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2024-11-13T16:35:05
  • Photos Count: 65
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Sidewalks
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $450.00
  • Fuel Expense: $780.00
  • Gross Income: $136,800.00
  • Gross Scheduled Income: $136,800.00
  • Insurance Expense: $4,306.00
  • Maintenance Expense: $.00
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Janitor Expense: 0
  • Total Monthly Income: 11400
  • Net Operating Income: $100,729.00
  • Operating Expense: $28,579.00
  • Other Expense: $.00
  • Trash Expense: $1,810.00
  • Water Sewer Expense: $1,560.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 2
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 2
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 3
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 3
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1435 West Lexington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1435 West Lexington Street

Taxable ValueLand$11,988Additions$81,012Total$93,000
Tax Record2022$19,194 ($1,599 / month)
Home Facts
Baths3Total Finished SqFt4,908 SqFtAbove Grade Finished SqFt4,908 SqFtStories3Lot Size2,664 SqFtStyleMulti-Family Res (5+ Units)Year Built1901CountyCOOKAPN17-17-304-010

Schools near 1435 West Lexington Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Smyth J Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Chicago World Language Academy
PublicK to 8

Stem Magnet Academy Elementary
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/22/2024 12:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.